Hindustan Times-Real estate opportunity in education sector estimated at more than 4 billion square feet over next 10 years: Report
The real estate demand from India’s education sector is estimated at over 4 billion square feet by the year 2034-35 as student enrolments across K-12 and higher education segments are expected to increase 1.2 times to exceed 360 million, according to a report released by property consultancy CBRE on October 29.
The consultant in its report titled ‘Exploring the Intersection of Education and Real Estate in India’ stated that the Indian education sector presently comprises 1.49 million schools fostering K-12 education for approximately 265 million school-going children alongside one of the world's largest higher educational systems with an estimated 43 million students enrolling across nearly 59,000 institutions.
